Penthouses for sale are desirable because they offer buyers the opportunity to live in luxury while surrounded by metropolitan conveniences. While these homes are a rarity, they often command top dollar because of the prestige associated with them and their unique amenities. These perks can include stunning views, spacious layouts, multiple floors, lofted high ceilings, and even rooftop pools.
Which city has the best penthouses?
Traditionally, the term “penthouse” was reserved for a space that covered an entire roof and offered outdoor space in addition to indoor living. But today, the term is more loosely applied to any building that has a large open floor plan and is set back from the rest of the structure. Some builders even include several apartments on the top level and refer to them all as penthouse for sale, despite the fact that they may not have outdoor space or be an entire floor.
A penthouse typically requires its own elevator, which is another drawback for some buyers who prefer not to deal with long commutes. And as the priciest apartments in a building, penthouses also usually have higher common charge fees than other condos in the same development.
To learn more about the penthouses for sale in your area, contact a luxury real estate expert. These professionals can schedule tours, provide disclosures, and answer any other questions you have about these properties.